Disney to Nearly Double Investment in Its Parks Business. The Stock Is Falling.

📆 9/19/2023 5:02 PM
📰 MarketWatch

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Disney plans to accelerate and expand the investment in its parks segment over the course of about 10 years to approximately $60 billion.

Walt Disney announced plans to nearly double its investment in its parks, experiences and products segment over the next decade.

Shares of Disney were down 2.7% early Tuesday to $82.73. The stock has dropped more than 4.5% so far in 2023.

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